MahiFX Top 10 Tips For Christmas - Tip Number 6
Don't Have Too Many Trades Open At Once
Having multiple trades open can definitely be a way to improve the efficiency of the time you spend trading – but use this approach cautiously. In the same way that this can improve your P & L with successful trades it can be equally damaging if the market goes against you. It is better to have fewer trades open that you can keep an eye on, rather than trying to spread yourself to thin.